Brookmont Catastrophic Bond ETF (NYSEARCA:ILS) Short Interest Up 138.5% in July

Brookmont Catastrophic Bond ETF (NYSEARCA:ILS) was the target of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 6,336 shares, a growth of 138.5% from the June 30th total of 2,657 shares. Based on an average daily trading volume, of 29,579 shares, the short-interest ratio is presently 0.2 days. Approximately 0.2% of the company’s shares are short sold.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Brookmont Catastrophic Bond ETF stock. Farther Finance Advisors LLC acquired a new stake in shares of Brookmont Catastrophic Bond ETF (NYSEARCA:ILS) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 11,115 shares of the company’s stock, valued at approximately $222,000. Farther Finance Advisors LLC owned approximately 0.62% of Brookmont Catastrophic Bond ETF at the end of the most recent reporting period.

Brookmont Catastrophic Bond ETF Price Performance

ILS opened at $19.84 on Tuesday. The stock’s 50 day moving average price is $19.83 and its 200-day moving average price is $19.93. Brookmont Catastrophic Bond ETF has a one year low of $19.64 and a one year high of $20.63.

Brookmont Catastrophic Bond ETF Company Profile

ETF Opportunities Trust – Brookmont Catastrophic Bond ETF is an exchange traded fund by ETF Opportunities Trust. The fund is co-managed by Brookmont Capital Management, LLC and King Ridge Capital Advisors LLC. It invests in fixed income markets of global region. The fund invests in high yield catastrophe bonds, insurance-linked securities and non-U.S. reinsurance-related securities which includes non-U.S. sovereigns and non-U.S. entities, including insurance companies, reinsurers, corporations, partnerships, trusts, and other types of business entities.